Bitcoin and Other Cryptocurrencies Face Market Turbulence

比特币和其他加密货币面临市场动荡

Bitcoin's value has experienced a notable decline in the past 24 hours, falling below $59,000 before recovering to $59,700. This unexpected drop stems from a confluence of negative news, disappointing investors who held high expectations for the last quarter.

比特币的价值在过去 24 小时内经历了显着下跌，跌破 59,000 美元，然后恢复至 59,700 美元。这一意外下跌源于一系列负面消息，令对上季度抱有高期望的投资者感到失望。

SHIB and DOGE Analysis

SHIB 和 DOGE 分析

SHIB's price has initiated a downward trend after testing the support level of $0.0000208. Despite a brief attempt to reclaim $0.00001878, indicated by extended upper wicks, investors remain skeptical of short-term market prospects, viewing these attempts as opportunities to sell. Substantiating their concerns, SHIB has breached $0.00001599, potentially triggering a decline to approximately $0.00001427.

SHIB 的价格在测试 0.0000208 美元的支撑位后开始下跌。尽管上影线延长表明投资者曾短暂尝试收回 0.00001878 美元，但投资者仍然对短期市场前景持怀疑态度，将这些尝试视为卖出机会。 SHIB 已突破 0.00001599 美元，这可能会引发跌至约 0.00001427 美元，这证实了他们的担忧。

Dogecoin (DOGE) Overview

狗狗币（DOGE）概述

DOGE strives to regain the crucial $0.105 level. Amid Bitcoin's (BTC) ongoing descent, DOGE may encounter support at $0.0985, $0.093, and $0.089. Investors will monitor closing prices above $0.11 during a potential uptrend, aiming for a peak at $0.132.

DOGE 努力夺回关键的 0.105 美元水平。在比特币 (BTC) 持续下跌的情况下，DOGE 可能会在 0.0985 美元、0.093 美元和 0.089 美元处遇到支撑。在潜在的上升趋势中，投资者将关注 0.11 美元以上的收盘价，目标是 0.132 美元的峰值。

Bitcoin and Solana (SOL) Outlook

比特币和 Solana (SOL) 展望

BTC has faltered in holding critical levels at $63,000 and $61,700. A $10,000 downward correction, reminiscent of the plunge following a $67,000 test, has been initiated. Investors are apprehensive about a potential retest of $53,000. The pivotal level to watch remains $58,909. Further declines may trigger spikes down to $52,500, $57,500, and $55,800.

BTC 在 63,000 美元和 61,700 美元的关键水平上表现不佳。 10,000 美元的向下修正已经开始，让人想起 67,000 美元测试后的暴跌。投资者对可能重新测试 53,000 美元感到担忧。值得关注的关键水平仍然是 58,909 美元。进一步下跌可能会导致价格飙升至 52,500 美元、57,500 美元和 55,800 美元。

SOL Coin Update

SOL 币更新

SOL Coin exhibits a downward bias towards its base at $125. Volatility between $125 and $145 is anticipated, contingent on BTC's price action.

SOL Coin 对其 125 美元的基础表现出向下的偏见。预计波动范围在 125 美元至 145 美元之间，具体取决于 BTC 的价格走势。

Near-Term Prospects

近期前景

Immediate targets for SOL Coin include $134 and $125. Conversely, in the event of a recovery, $148 and $162 may be retested. The market's direction remains contingent upon a potential breakout in BTC's price. The upcoming elections in November and FTX repayments could provide clarity regarding the broader market sentiment.

SOL Coin 的近期目标包括 134 美元和 125 美元。相反，如果出现反弹，则可能会重新测试 148 美元和 162 美元。市场的方向仍然取决于比特币价格的潜在突破。即将到来的 11 月选举和 FTX 还款可能会澄清更广泛的市场情绪。